Trading statement ELLIES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2007/007084/06) JSE share code: ELI ISIN: ZAE000103081 (“Ellies” or “the company”or “the group”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the previous corresponding period. Shareholders are advised that Ellies expects that its earnings per share and headline earnings per share for the six months ended 31 October 2013 will be between 38% and 43% lower compared to its earnings per share and headline earnings per share for the six months ended 31 October 2012. Shareholders are reminded that the company’s results for the period ended 31 October 2012 reflected The Eskom Project Power Save Program completed during this period, which was not repeated in the period ended 31 October 2013. The information on which this trading statement has been based has not been reviewed or reported on by the company`s auditors. The group’s interim results for the six months ended 31 October 2013 are expected to be published on SENS on or about 21 January 2014, followed by an Investment Analyst Society presentation. 18 December 2013 Sponsor Java Capital Date: 18/12/2013 05:19:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.